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Topical Pain Relief Market is Anticipated to Hit $13,276 million by 2025

Global Topical Pain Relief Market was valued at $7,481 million in 2017, and is projected to reach $13,276 million by 2025 at a CAGR of 7.4% from 2018 to 2025.The global topical pain relief market is segmented based on therapeutic class, type, formulation, distribution channel and region.

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Topical Pain Relief Market is Anticipated to Hit $13,276 million by 2025

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  1. Topical Pain Relief Market

  2. Topical Pain Relief Market by Therapeutic Class (Non-Opioids and Opioids), Type (Prescription Pain Relief and Over-the-Counter Pain Relief), Formulation (Cream, Gel, Spray, Patch, and Others) and Distribution Channel (Pharmacies & Drug Stores, e-Commerce, and Retail & Grocery Stores) - Global Opportunity Analysis and Industry Forecast, 2018-2025 Download PDF Report Sample @ https://www.alliedmarketresearch.com/request-sample/4663

  3. Introduction : Topical pain relief medications are pain killers that are directly applied, rubbed, or sprayed on the skin over painful muscles or joints. They are designed to relieve pain as they are composed of different ingredients such as opioids, nonsteroidal anti-inflammatory drugs (NSAIDS), salicylates, capsaicin, and others. These products have a heating or cooling effect that stimulate the nerves near the pain point and relieve pain. When pain is localized, patients highly prefer topical treatments as adjunctive therapy, which can be as effective as oral treatments and cause fewer side effects.

  4. Segment Review • By type, the topical pain relief market is segmented into prescription pain relief and over-the-counter (OTC) relief. Over-the-counter pain relief segment accounted for the largest market share in 2017 due to easy availability and high demand of topical pain relief products by sportsperson. • Based on the formulation, the market is classified into cream, gel, spray, patch, and others. Cream based pain relief segment accounted for the largest market share in 2017 owing to high availability of these products with high success rate and lesser side effects.

  5. Major Key Player • The key players of this topical pain relief market include Johnson & Johnson, Novartis AG, GlaxoSmithKline Plc., Pfizer Inc., Reckitt Benckiser Group Plc., Sanofi S.A., Topical BioMedics, Inc., AdvaCare Pharma, Sun Pharmaceutical Industries Ltd., and Nestle S.A. • Other players (these players are not profiled in the report and the same can be included on request) in the value chain include Troy Healthcare, LLC, Emami Group, Chattem, Inc., Exzell Pharma, and Performance Health Technologies, Inc.

  6. Key Market Benefits • The opioids segment accounted for nearly one-fourth share of the global topical pain relief market in 2017. • The over-the-counter pain relief segment is expected to grow at highest CAGR from 2018 to 2025. • The spray segment accounted for around one-eighth share of the global market in 2017. • Europe accounted for around one-fourth share of the global market in 2017. • LAMEA is expected to provide lucrative market growth opportunities from 2017 to 2025.

  7. About Us: Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small- & medium-scale enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain. Allied Market Research provides one-stop solution right from data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients understand the significance and impact of market dynamics. The company applies client’s insight on the factors such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligence support to help clients transform into a prominent business firm.

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  9. Thank YouClick Here: https://www.prnewswire.com/news-releases/topical-pain-relief-market-to-reach-13-28-billion-globally-by-2025-at-7-4-cagr-says-allied-market-research-846277605.html

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